May 30, 2023
Amazon to offer parents term-time-only working
Parents and grandparents who work in Amazon warehouses will be able to choose to work in term-time only. Amazon said the new contract will mean people with children to look after can take six weeks of holiday in summer and two weeks at Easter and at…
May 26, 2023
Twitter engineering boss Foad Dabiri quits day after DeSantis launch glitches
An engineering chief at Twitter says he is leaving the company a day after the launch of Ron DeSantis' US presidential campaign on the platform was hit with technical glitches. Foad Dabiri tweeted: "After almost four incredible years at Twitter, I…
May 25, 2023
Energy bills set to stay high despite price cap cut
Energy bills are set to remain high despite a cut in prices from July, experts have warned. A typical household will pay £2,074 a year for gas and electricity from July, £426 a year less than currently, after the regulator cut the energy price cap…
May 24, 2023
Netflix expands password sharing crackdown to UK
Netflix has started its long-promised crackdown on password sharing in major markets including the UK and the US. A Netflix subscription in the UK can cost anything between £4.99 to £15.99 per month. The streaming giant said it was notifying…
May 17, 2023
Biden and Republicans hopeful of a deal
President Joe Biden and Republican leaders have expressed cautious optimism that a deal to raise the US debt ceiling is within reach, following emergency talks at the White House. But House of Representatives Speaker Kevin McCarthy told reporters…
May 11, 2023
Goldman Sachs to pay $215m in sex discrimination case
Goldman Sachs will pay $215m (£170.5m) to settle claims that it discriminated against women, offering female staff lower pay and fewer opportunities. The agreement comes a month before the long-running class-action lawsuit was due to come to trial.…
May 8, 2023
Janet Yellen warns of debt ceiling ‘catastrophe’
US Treasury Secretary Janet Yellen has warned a failure to raise the US debt ceiling could have dire consequences. Without an agreement to increase what the federal government can borrow, it could run out of money by early June. At that point, the…
May 6, 2023
Addidas admits that Kanye West Yeezy loss is hurting them
Adidas has said the ending of its collaboration with Kanye West is "hurting" the business, with sales in North America hard hit. The sportswear giant cut its ties with the designer and rapper, known as Ye, late last year after he posted anti-Semitic…
May 1, 2023
First Republic makes last ditch bid to find rescue deal
US regulators are racing to find a rescuer to buy First Republic Bank in a deal that could be announced as soon as Sunday.The Federal Deposit Insurance Corporation has reportedly asked six banks to bid for the embattled lender. Shares in First…
April 28, 2023
Microsoft furious after Call of Duty deal blocked
Microsoft's president has attacked the UK after it was blocked from buying US gaming firm Activision, saying the EU was a better place to start a business. The move was "bad for Britain" and marked Microsoft's "darkest day" in its four decades of…